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Smart Parking Surges: 20% Revenue Boost and 70% Profit Jump in H1 FY25

7:34am on Monday 2nd of June, 2025 AEST Technology
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Smart Parking Surges: 20% Revenue Boost and 70% Profit Jump in H1 FY25

7:34am on Monday 2nd of June, 2025 AEST
Key Points
  • Revenue increased 20% to $31.9 million in H1 FY25
  • Net profit after tax surged 70% to $3.9 million
  • Adjusted EBITDA rose 12%, reaching $8.4 million excluding non-recurring items
  • Global expansion with new operations in Denmark and growth in New Zealand and Germany
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